Lennar Corporation (NYSE:LEN) Confirms Fraud Allegations; Debunks Own Lies

In an interesting twist in the case of the Barry Minkow (Fraud Discovery Institute) fraud investigation of Lennar Corporation (NYSE:LEN)… it appears that Lennar itself has debunked the company’s own lies. In a new report released today, FDI lays out the original fraud allegations, the lies Lennar used to cover …

Lennar CEO responds to Barry Minkow and Fraud Discovery Institute

Early today, Barry Minkow and Fraud Discovery Institute released a report on Lennar Corporation (NYSE:LEN), highlighting what the authors believe to be ten red flags of fraud at the company. Lennar’s stock was hit hard by the news. It didn’t take long for Lennar’s CEO Stuart Miller to speak out …

Barry Minkow Sentenced to Five Years’ Imprisonment on Stock Manipulation Conspiracy

United States Attorney’s Office Southern District of Florida July 21, 2011 Press Release Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, and John V. Gillies, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office, announced that defendant Barry Minkow, 44, of San Diego, …

Ex-Con Turned Fraudbuster Charged With Conspiracy

Cary Spivak – Milwaukee Journal Sentinel Ex-con Barry Minkow who in recent years billed himself as a fraud buster may be heading back to prison. Minkow was charged with conspiracy today. Earlier the Wall Street Journal reported the one-time teenage entrepreneur had agreed to plead guilty to conspiracy charges. Minkow …

Fraud Discovery Institute Ends Investigation of Medifast Inc.

UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims against me in her ruling on my anti-SLAPP motion. In …